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1237 Palolo Ave, Honolulu, HI, 96816
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1237 Palolo Ave, Honolulu, HI 96816

$1,960,000 $2,500,000 Multi-Family Home sold 4,247 sqft Neighborhood:  Palolo Sold 07/26/2022 $1,960,000 $2,500,000
5 min walk to Pukele Avenue Mini Park
4 min drive to The Wall
5 min drive to Publics
About lifestyles
Large 8,073 square feet lot zoned R-5 with a five-unit building in Palolo. Close to McDonald on Waialae Ave. Building has been adequately maintained for its age (Unit #1 has been fully renovated in 2021). Conveniently located near restaurants, supermarkets, schools, public transportation and H-1 Access. Coin operated washer and dryer on site. Ample storage and large open deck. Property to be sold "AS IS".
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Multi-family details

1972 year built
  • Year Built 1972
  • Year Remodeled 2021
  • Original list price $2,500,000
  • Days on market 176
  • Building type Apartments
  • Price per sqft $462/sqft
  • Address

    1237 Palolo Ave, Honolulu, HI, 96816

  • Neighborhood Palolo
  • Land tenure FS - Fee Simple
  • Land SqFt 8,073 sqft
  • View City, Mountain

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$9,994
Taxes
$654
HOA dues
$0
$10,648 per month
Mortgage
Down payment
$392,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $9,994 / month

Neighborhood: Palolo

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
16.33 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

5 total units
# of 1 Bd
2
# of 2 Bd
0
# of 3 Bd
3
Total Units
5

Amenities & Features

6 parking places
Stories
Two
Furnished
Partial
Roof
Other
Construction
Hollow Tile, Single Wall, Slab, Wood Frame
Utilities
Overhead Electricity, Public Water
Property Condition
Above Average, Average
Parking
Assigned, Open
nr.of parking places
6
Amenities
Storage

Income

Total Actual Rent
$9,300
Total Annual Operating Expenses
Total Income
Net Operating Income

Palolo prices

Average price $515.77k
Neighborhood average sales price*
$515.77k
Neighborhood median sales price*
$510k
Number or sales*
27
Street median sales price*
$498k
*last 6 months

About Palolo

The neighborhood of Palolo is one of last of the more affordable neighborhoods in Honolulu, Oahu. Palolo Valley is an older neighborhood like many of the surrounding neighborhoods. The first homes were built here in the 1920s, but the vast majority of hom Read more

Schools

15 schools with rating up to 10
School rating Distance
10
out of 10
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
Elementary School
0.081mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
Middle School
0.207mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
High School
0.229mi
School rating Distance
10
out of 10
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
0.081mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.207mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.54mi
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.558mi
7
out of 10
King Liholiho Elementary School
3430 Maunaloa Ave, Honolulu, HI 96816
0.575mi
School rating Distance
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.207mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.229mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
0.662mi
NR
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
0.665mi
5
out of 10
William P Jarrett Middle School
1903 Palolo Ave, Honolulu, HI 96816
0.904mi
School rating Distance
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.229mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
0.662mi
NR
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
0.665mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.693mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.055mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Withdrawn Jun 23, 2022
Date Event Price $/sqft Source
Jun 23, 2022 Withdrawn $2,500 $0.59 MLS #202209258
Jun 9, 2022 Temporarily Withdrawn $2,500 $0.59 MLS #202209258
May 13, 2022 New Listing rental $2,500 $0.59 MLS #202209258
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Tax & MLS details 1237 Palolo Ave, Honolulu, HI, 96816

05 - R-5 Residential District zoning / MLS #202201596
Current Property Taxes p/month
$654
Property Tax Year
2022
Assessed Improvement value
$166,900
Assessed Land value
$2,355,700
TMK
1-3-3-003-034-0000
Land Recorded
Regular System
Zoning
05 - R-5 Residential District
Flood Zone
Zone X
Topography
Level
Location
Other
Lot Description
Other
Property Setbacks
C&C
Total Assessed value
$2,522,600
Listed by
Dower Realty, Inc.
MLS #
202201596
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
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Similar homes nearby 1237 Palolo Ave in Palolo

Recently sold nearby 1237 Palolo Ave in Palolo

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Frequently asked questions for 1237 Palolo Ave

When was this multi-family home built and last sold?

This house was build in 1972 and sold in 2022.

What is the full address of this multi-family home?

1237 Palolo Ave, Honolulu, HI, 96816.

Are there beaches near 1237 Palolo Ave?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Dower Realty, Inc.. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on July 28, 2022.
Hawaii House Last checked less than a minute ago.

Multi-Family Home sold $1,960,000 $2,500,000 1237 Palolo Ave, Honolulu, HI, 96816 4,247 sqft Save House Remove from Saved